I saw a frightening news about a Telegram scam in Hong Kong. Someone lost 3.7 million HKD because they joined a crypto group on Telegram and an "attendant" asked for a verification code. After that, the wallet was emptied.



And the worst part is that this is not an isolated case. The police received over 12,000 reports of online shopping fraud in 2025, an increase of 8.2% compared to 2024. This Telegram scam was the one that caused the most individual losses this year.

Lesson: if someone messages you privately asking for a verification code or anything like that, it's a guaranteed trap. Be careful with these fake crypto groups on Telegram, seriously.
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